Survey: 80% of Americans Fear Online Identity Theft

When you consider the widespread impact of data breaches at Epsilon and Sony PlayStation, it’s not surprising that customers are more cautious about conducting business with certain financial institutions and retailers. According to a new survey, “80% of Americans, 81% of Britons, and 83% of Australians who have personal medical information are concerned about moving that data to an electronic form because of the risks of identity theft or invasion of privacy resulting from this information being exposed on the Internet.”